##
|||||Page||
|---|---|---|---|---|---|
|Rcport ofthe Trustees|||I|to|g|
|Report ofthe Independent
Auditors|||9|to|11|
|Statement
of Financial|Activities|||12||
|Balance Sheet||||||
|Notes to the Financial|Statements||14|to|25|
|Detailed Statement of|Financial|Activities|26|to|27|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||Unrestricted|Total|
|||||fund|funds|
||||Notes|||
|INCOME AND ENDOWMFNTS||FROM||||
|Donations
and legacies||||55,080|102,319|
|investment
income||||55,128|80,033|
|Total||||110,208|182,352|
|EXPENDITURE ON||||||
|Raising funds||||87,222|87,878|
|Charitable
activities||||||
|Making grants to institutions||||345,122|403,112|
|Governance||||5,442|7,658|
|Other||||30,490|27,922|
|Total||||468,276|526,570|
|Net gains on investments||||500,300|134,638|
|NFT INCOME/(EXPENDITURE)||||142,232|(209,580)|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward|||6,128,105|6,337,685|
|TOTAL FUNDS CARRIED FORWARD||||6,270,337|6,128,105|
|||Balance Sheet
31 March 2021|||
|---|---|---|---|---|
||||2021|2020|
||||Unrestricted|Total|
||||fund|funds|
|||Notes|||
|FIXEDASSFTS|||||
|Investments||10|6,283,253|6,151,898|
|CURRENT ASSETS|||||
|Prepayments
and accrued|income||14,591|20,128|
|CREDITORS|||||
|Amounts
falling due within|one year||(27,507)|(43,921)|
|NET CURRENT ASSETS|||(12,916)|(2o,79~)|
|TOTAL ASSETS LESS CURRENT|||||
|LIABILITIFS|||6,270,337|6,128, 105|
|NFT ASSETS|||6,270,337|6,128, 105|
|FUNDS||12|||
|Unrestricted
funds|||6,270,337|6,128, 105|
|TOTAL FLINDS|||6,270,337|6,128,105|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONAT|IO|NS|ANI) LEGACIES|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Unrestricted|'I otal|
|||||funds|funds|
|(iifts|||||44,594|
|Donated|services and facilities|||55,080|52,800|
|Unused|grants||repaid||4,925|
|||||55,080|102,319|
|INVESTMFNT INCOMF.||||||
|||||2021|2020|
|||||Unrestricted|Total|
|||||funds|funds|
||||||f|
|investment||portt'olio||55,128|79,991|
|Royalties|||||42|
|||||55,128|80,033|
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
||||Unrestricted|'I'ota
I|
||||fuiids|funds|
|Portfolio|management||32.142|35,078|
|Portrait|Collection|management|55,080|52,800|
||||87,222|87,878|
|GRANTS PAyABLE|||
|---|---|---|
||2021|2020|
|Making grants to institutions|345,122|403,112|
##
##
|UK Charitable
Institutions:|UK Charitable
Institutions:||||||
|---|---|---|---|---|---|---|
|Azamrah
Youth Club||||||1,112|
|B'nai Brith Hillel Foundation||||||6,670|
|British Library||||||2,688|
|Camp Simcha|||||5,500||
|CCJO Rene Cassin|||||1,500||
|Clapton
Common
Boys Club|||||3,500||
|Dash Arts|||||2,000||
|Edgware
and Hendon|Reform|Synagogue|||5,000||
|Ezra Umarpeth|||||5,000||
|Federation ofJewish|Services|||||5,559|
|Generation
to Generation|||||1,500||
|Gesher EU Support Network||||||3,292|
|Give it forward
today|||||1,000||
|Holocaust
Memorial|Day||||2,000||
|Ilot I.ine Meals Service|||||2,000||
|Institute
for Jewish Policy|||||3,000||
|Israel Story||||||2,223|
|Israeli Dance Institute|||||1,500||
|Jewish Association
for Peer Tr
Jewish Bereavement
Counsel li||sining
ng||Programme|4,500|5,559|
|Jewish Blind and Disabled|||||2,000||
|Jewish Book Council|||||4,000||
|Jewish Care|||||11,000|4,447|
|Jewish Care - Kosher|Meals on||Wheels|||4,411|
|Jewish Leadership
Council|||||3,000||
|Jewish Music Institute||||||10,931|
|Jewish Women's
Aid||||||8,822|
|Jews College|||||1,000||
|Jews 'I'emporary
Shelter|||||2,000||
|JLGB||||||6,670|
|Just Kidding|||||1,000||
|JW3 Gateway||||||3,335|
|Kashctuk||||||2,223|
|Kids m the Spotlight||||||1,668|
|Kisharon||||||5,559|
|Langdon
Foundation|||||3,000||
|I.eo 13acck College|||||5,000||
|I.ighthouse||||||1,668|
|I.immud 2020 Festival||||||8,271|
|Maccabi GB|||||4,000||
|March ofthe Living|||||2,000||
|Masorti Judaism|||||5,500||
|Mavcr|||||3,000||
|Merseyside
Jewish Community||||||2,779|
|Mesila UK Ltd||||||1,112|
|Mitzvah
Day UK||||||10,931|
|Moishe House|||||4,000||
|Mother to Mother Ltd|||||1,500||
|Naom Masorti Youth||||||2,779|
|New Israel Fund|||||1,200||
|Noa Girls|||||3.500||
|Naoni
Masorti Youth|- Roshim||Senior|Leadership||2,81s|
|:Jotwood Ravenswood|||||4,000|4.411|
|ORT UK|||||2,000||
##
|GRANTS PAYABLE|—|c|on|tinued||||||
|---|---|---|---|---|---|---|---|---|---|
|Prism - thc Gift Fund||||||||6,000||
|Re~olve Now|||||||||1,112|
|Resource||||||||6,000||
|Sad
eh - on|the||Farm Worl|||shops|||2,223|
|Scottish Jewish Archives||||||||2,000||
|Sephardi
Voices|||||||||5 559|
|Simon Marks Primary|School Trust|||||||1,500||
|Sonshine
Club||||||||500||
|St Albans
Masorti
Synagogue||||||||1,500||
|Step by Step
'I'hc Anne Frank Trust||||||||1,500
2,000||
|The llradians
Trust|||||||||2, 196|
|The I1olocaust Educational||||Trust||||1,500||
|The interlink
I'oundation||||||||6,000||
|The Jewish Association||for||Mental|llealth||Awareness||3,308|
|The Jewish Council for||Racial Equality|||||||2,779|
|The Jewish Volunteering|||Networl.|||||4,000||
|The Jewsih Deaf Association|||||||||4,447|
|'I'he Larches
I'rust|||||||||3,860|
|The Movement
for Reform||||Judaism|||||9,211|
|Thc PapenveightTrust||||||||2,000||
|1'he 'fogether
Plan||||||||1,800||
|Tuniing
Corners|||||||||1,112|
|Taedek||||||||3,000||
|UK Jewish Film Ltd||||||||7,000||
|United Jewish
Israel Appeal||||||||5,000||
|University
Jcwsih Chaplaincy|||||||||3,308|
|Woolf Institute||||||||2,000||
|Young and Inspired|||||||||1,668|
|Youth on thc Move||||||||1,000||
|RSI
I'rust|||||||||2,206|
|||||||||155 000|152,924|
|Israeli Charitable
Institutions||||||||||
|Beit Midrash
Har'el|||||||||10,000|
|Beterem- youth educational||||programme|||||17,000|
|Mahalach
I'undh|||||||||10,000|
|Momentum|||||||||22,017|
||||||||||59,017|
||||||||||211,941|
|f Sterling equivalent|of|grants made||||in E|||190,121|
|||||||||2021|2020|
|||||||||f||
##
##
##
||Total Grants|made to|UK Charitable|UK Charitable|Institutions|Institutions||||292,181|291,100|
|---|---|---|---|---|---|---|---|---|---|---|---|
||Total Grants|made to|Israeli Charitable|||Institutions||||52,941|112,012|
||Total Grants|made - as||per SOFA||||||345,122|403,112|
|7.|SUPPORT COSTS|||||||||||
|||||||||||Governance||
|||||||||Management||costs|Totals|
||Other resources expended|||||||26,|106|4,384|30,490|
||Governance|||||||||5,442|5,442|
|||||||||26,|106|9,826|35,932|
||Support costs, included|||in thc above,|are as follows:|||||||
||Management|||||||||||
|||||||||||2021|2020|
|||||||||||Other||
|||||||||||resources|Total|
|||||||||||expended|activities|
||Administration|& secretarial||||||||26,106|25,306|
||Governance|costs||||||||||
|||||||||||2021|2020|
||||||||Other|||||
||||||||le soul cos|||Total|Total|
||||||||expended|Governance||activities|activities|
|||||||||f||||
||Trustees'
expenses||||||||||1,967|
||Auditors'
remuneration|||||||4,800||4,800|4.800|
||Sundries
re Trustees||Meetings||||||||458|
||Accountancy|fees|||||4,200|||4,200|4,200|
||Legal and professional|||fees|||||||i2,000)|
||Trustees'
indemnity
insurance||||||||642|642|605|
||Bank charges||||||184|||184|244|
||||||||4,384|5,442||9,826|10,274|
##
##
##
|COMPARATIVES
F|OR THE ST|ATEMENT OF FINANCIAL AC|TIVITIES|
|---|---|---|---|
||||Unrestricted|
||||fund|
|INCOMF. AND ENDOWMENTS||FROM||
|Donations
and legacies|||102,319|
|Investment
income|||80,033|
|Total|||182,352|
|EXPENDITURE ON||||
|Raising funds|||87.878|
|Charitable
activities||||
|Makmg
grants to institutions|||403,112|
|Governance|||7,658|
|Other|||27,922|
|Total|||526,570|
|Net gains on investments|||134,638|
|NET INCOME/(EXPENDITURE)|||(209,580)|
|RECONCILIATION|0F FUNDS|||
|Total funds brought|forward||6,337,685|
|TOTAL FUNDS CARRIFD FORWARD|||6,128,105|
##
##
##
|||2021|2020|
|---|---|---|---|
|||6||
|Shares||3,615,868|3,514,698|
|Borchard
Portrait Collection||2,667,385|2,637,200|
|||6,283,253|6,151,898|
|Additional
information|as follows:|||
|Listed investments||||
|MARKFT VALUE||||
|At
I April 2020||3,514,698|3,906,569|
|Additions||1,438,494|2,334,768|
|Disposals||(1,544,848)|(2,788,167)|
|Revaluations||448,892|(121,357)|
|Exchange differences||48,352|89,427|
|Reclassification/
transfer||-289,720|93,458|
|At 31 March 2021||3,615,868|3,514,698|
|NET BOOK VALUE||||
|At 31 March 2021||3,615,868|3,514,698|
|At 31 March 2020||3,514,698|3,906,569|
|Investments
(neither
listed or unlisted)
were as fo|llows:||
|---|---|---|
||2021|2020|
|13rought forward|2,637,200|2,440,035|
|Additions||44,594|
|Revaluation|30,185|152,571|
||2,667,385|2,637,200|
##
##
##
##
##
##
|11.|CREDI|TORS||: AMOU|NTS
|FA|LLING DUF. WITHIN ONE|Yl)AR|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||f||
||Other creditors||||||||27,507|43,921|
|12.|MOVEMENT|||IN FUNDS|||||||
||||||||||Nct||
||||||||||movement|At|
|||||||||At 1.4.20|lit lultds|31.3.2 I|
||||||||||f||
||Unrestricted||funds||||||||
||General|fund||||||6,128,105|142,232|6,270,337|
||TOTAL|FUNDS||||||6,128,105|142,232|6,270,337|
||Net movement|||in funds,|included||m the above are as follows:||||
||||||||Incomin|Resources|Gain~ and|Movemcnt|
||||||||resources|expended|losses|in funds|
||||||||f||||
||Unrestricted||funds||||||||
||General|fund|||||110,208|(468,276)|500,300|142,232|
||TOTAL|FUNDS|||||110208|(468.276)|500,300|142,232|
||Comparatives|||for movement||in|funds||||
||||||||||Net||
||||||||||movement|At|
|||||||||At 1.4.19|in funds|31.3.20|
||Unrestricted||funds||||||||
||General|fund||||||6,337,685|(209,580)|6,128,105|
||TOTAL|FUNDS||||||6,337,685|(209,580)|6,128,105|
##
##
##
||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
||||f||||
|Unrestricted||funds|||||
|General|fund||182,352|(526,570)|134,638|(209,580)|
|TOTAL|FUNDS||182,352|(526,570)|134.638|(209,580)|
|||||Net||
|---|---|---|---|---|---|
|||||movement|At|
||||AI 1.4 19|m funds|31.3.2 I|
|Unrestricted||funds||||
|General|fund||6,337,685|(67,348)|6,270,337|
|TOTAL|FUNDS||6,337,685|(67,348)|6,270,337|
||||Incommg|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|
||||resources|expended|losses|in funds|
|Unrestricted||funds|||||
|General|fund||292,5oo|(994.846)|634,938|(67,348)|
|TOTAL|FUNDS||292,560|(994,846)|634,938|(67,348)|
##
##
##
||||SHORESH CHARITABLE TR|UST||||
|---|---|---|---|---|---|---|---|
||||Detailed Statement ofFinancial|Activities||||
||||for the year ended 31 March|2021||||
||||||2021||2020|
|INCOME AND ENDOWMENTS||||||||
|Donations
and legacies||||||||
|Gifts|||||||44,594|
|Donated
services and|facilities||||55,080||52,800|
|Unused
grants repaid|||||||4,925|
||||||55,080||102,319|
|Investment
income||||||||
|Investment
portfolio|||||55,|128|79,991|
|Royalties|||||||42|
||||||55,128||80,033|
|Total incoming
resources|||||110,208||182,352|
|EXPENDITURE||||||||
|Investment
management|||costs|||||
|Port/olio
management|||||32,|142|35,078|
|Portrait Collection
management|||||55,080||52,800|
||||||87,222||87,878|
|Charitable
activities||||||||
|Grants to institutions|||||345,|122|403,112|
|Support
costs||||||||
|Management||||||||
|Administration
& secretarial|||||26,|106|25,306|
|Governance
costs||||||||
|'I'rustees'
expenses|||||||1,967|
|Auditors'
remuneration|||||4,800||4,800|
|Sundries
re Trustees|Meetings||||||458|
|Accountancy
fees|||||4,200||4,200|
|Legal and professional||fees|||||(2,000)|
|'I'rustees'
indemnity|msurance|||||642|605|
|Bank charges||||||184|244|
||||||9,826||10,274|
|Total resources expended|||||468,276||526,570|
|Net expenditure
before||gains and losses|||(358,068)||(344,218)|
|Realised recognised|gains||and losses|||||
|Realised gains/(losses)|on||fixed asset mvestments||192,622||61,040|
|Carried forward|||||(165,446)||(283,178)|
|2021|2020|
|---|---|
|f||
|(165,446)|(283,178)|
|307,678|73,598|
|l42,232|(209,580)|